Happy Monday, InsideEVs readers.
Rivian CEO RJ Scaringe just hinted at pricing for the R3 in an interview with The New York Times. The R3 is the gorgeous concept the startup showed off a couple of years ago, with styling reminiscent of classics like the original Volkswagen Golf and the Lancia Delta Integrale.
The electric hatchback received a lot of praise for its design at the time, with fans hoping Rivian actually builds the R3 someday. Right now, the automaker is focused on ramping up production and deliveries of the R2, a Tesla Model Y competitor. If that goes well, it could give Rivian the cash to bankroll the R3.
That and more in today’s edition of The Update.
—Suvrat Kothari, Staff Writer
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